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DraftAs enacted

23. Income of Academy to be exempt from tax, etc.

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The Academy shall be deemed to be —

(a)

an institution specified in the First Schedule to, and under section 13(1)(e) of, the Income Tax Act (Cap. 134); and

(b)

an institution of a public character approved by the Minister for the purposes of section 37(2)(c) of the Income Tax Act.

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